【SMM Shanghai and other 1# lead market midday review: Shanghai lead continues to decline, spot trading regions improving】

SMM News on April 2nd: Chihong lead in Shanghai market at 16,465-16,515 yuan/ton, offering a premium of 50-100 yuan/ton for Shanghai lead 2405 contract; Jiangsu and Zhejiang regions Jinlong, Tongguan lead at 16,465-16,485 yuan/ton, offering a premium of 50-70 yuan/ton for Shanghai lead 2405 contract, few offering at flat. Shanghai lead continues to decline in a volatile trend, narrowing the price difference between futures and spot prices, lowering the willingness of holders to deliver, and the market liquidity...